Global Dry Eye Treatment Devices Market Size & Outlook
Global dry eye treatment devices market, 2018-2030 (US$M)
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Global dry eye treatment devices market highlights
- The global dry eye treatment devices market generated a revenue of USD 322.3 million in 2023 and is expected to reach USD 537.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.6% by 2030.
- In terms of segment, meibomian gland expression (mgx) accounted for a revenue of USD 133.1 million in 2023.
- Combination (MGX+IPL) is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 322.3 million |
| Market revenue in 2030 | USD 537.5 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Meibomian gland expression (mgx) |
| Fastest growing segment | Combination (MGX+IPL) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Broadband light (BBL), Intense Pulsed Light (IPL), Meibomian Gland Expression (MGX), Combination (MGX+IPL) |
Other key industry trends
- In terms of revenue, the North America accounted for 34.1% of the global dry eye treatment devices market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Argentina is the fastest growing regional market and is projected to reach USD 6.2 million by 2030.
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Dry Eye Treatment Devices Market Scope
Dry Eye Treatment Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global dry eye treatment devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dry eye treatment devices market will help companies and investors design strategic landscapes.
Meibomian gland expression (mgx) was the largest segment with a revenue share of 41.3% in 2023. Horizon Databook has segmented the Global dry eye treatment devices market based on broadband light (bbl), intense pulsed light (ipl), meibomian gland expression (mgx), combination (mgx+ipl) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Dry Eye Treatment Devices Technology Outlook (Revenue, USD Million, 2018-2030)
- Broadband light (BBL)
- Intense Pulsed Light (IPL)
- Meibomian Gland Expression (MGX)
- Combination (MGX+IPL)
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Horizon Databook provides a detailed overview of global-level data and insights on the Global dry eye treatment devices market , including forecasts for subscribers. This global databook contains high-level insights into Global dry eye treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global dry eye treatment devices market size, by regions, 2018-2030 (US$M)
Top 10 countries: Dry eye treatment devices market size, 2023 (US$M)
Global dry eye treatment devices market share, by technology, 2023 & 2030 (%, US$M)
Dry eye treatment devices market: Opportunity assessment by country
Global dry eye treatment devices market, by region, 2023 (US$M)
| Technology | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 82.5 | 85.0 | 63.1 | 76.2 | 102.1 | 110.0 | 116.7 | 125.1 | 133.5 | 145.3 | 158.2 | 170.3 | 182.5 | 7.5% |
| Europe | 67.9 | 70.1 | 52.1 | 63.1 | 84.7 | 91.3 | 97.1 | 104.3 | 111.5 | 121.5 | 132.5 | 142.9 | 153.5 | 7.7% |
| Asia Pacific | 37.0 | 38.3 | 28.6 | 34.7 | 46.8 | 50.7 | 54.1 | 58.3 | 62.6 | 68.4 | 74.9 | 81.1 | 87.4 | 8.1% |
| Latin America | 30.2 | 31.1 | 23.0 | 27.7 | 37.0 | 39.7 | 42.0 | 44.8 | 47.7 | 51.7 | 56.1 | 60.2 | 61.6 | 6.5% |
| MEA | 23.4 | 24.0 | 17.8 | 21.4 | 28.6 | 30.7 | 32.5 | 34.7 | 36.9 | 40.0 | 43.4 | 46.6 | 52.4 | 8.0% |
| Overall | 241.0 | 248.5 | 184.5 | 223.0 | 299.1 | 322.3 | 342.3 | 367.1 | 392.2 | 426.9 | 465.1 | 501.0 | 537.4 | 7.6% |
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